Modern Monetary Theory (MMT) is floating across the pond to the UK. Richard Murphy and others believe governments can print money without consequences. Yet, history warns us of inflation and economic chaos. How many times do we need to burn our hands to learn that lesson? The Bank of England, entrenched in traditional economics, faces the progressive zeal of MMT supporters.
In the land of cricket and crumpets, economics shouldn't be a fantasy novel. Watch this debate closely, folks—it's not just pounds at stake but economic sanity!